Add reinvestment options - investment categories

Investors are able to specify how they would like their funds managed. The reinvestment options will determine if funds earned are reinvested and the available options include:

- Reinvest principal and interest 

- Reinvest principal only

- Don't reinvest (initial deposits only)

The business will be able to define the different reinvestment options that are available for different investment categories. Any investors that have been created will have the ability to select the different reinvestment options that have been assigned to the investment category that they are allocated. Once created, they will also be assigned the default reinvestment option.

The instructions on how to add reinvestment options to an investment category are outlined below.

1. Login to Clearmatch Fusion with the relevant credentials:

2. Navigate to  Home Pages > Investing:

3. Select the Investment Categories option under Setup:

 

4. This will redirect to the List Investment Categories page where an investment category can be selected (from the link via the Finance Company or Investor Categories): 

 

5. This will navigate to the Display Investment Category page for the select investor category. Click on the Action Panel  > Investment Options > Add Reinvestment Option:

6. Enter the following details for the reinvestment option:

Asset Class: This is a drop down list of active asset classes that are available for selection.

Reinvestment Option: This is a drop down list of active reinvestment options for the investment category (based on the selected investor and asset class).

- Reinvest principal and interest: all repayments will be reinvested into a new investment.

- Reinvest principal only: only principle repayments will be reinvested.

- Don't reinvest (initial deposits only): repayments will not be reinvested and will be paid back to the investor.  

In Active: Enable the tick the check box to make the repayment frequency inactive.      

Is Default: Enable the tick the check box ito make it the default repayment frequency.  

Authorisation Code: This is the authorisation code of the user who is logged in and procesing this operation.  

Supervisor Username: This is the username of a supervisor (a security clearance level equal to or higher of the user creating this repayment frequency).

Supervisor Authorisation Code: This is the authorisation code of the supervisor that has been used above. 

Click on the  button to add the reinvestment option or the  button to return back to the Display Investment Category screen.  

7. Once the reinvestment options have been added, click on the Reinvestment Options association tab (alternatively select it from the drop down list or the Quick Links, if enabled) to view the changes that were made:

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